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A Dubai tourism license enables a company to manage travel services in the city and offer tourist packages beyond Dubai. It also permits the organization of international meetings, conferences, and exhibitions.
There is no exact cost of starting a company in the Dubai freezone; Your business setup cost depends on the initial cost of the Freezone authority for issuing a business license. Other factors influencing your business setup cost include:
We suggest that you speak with an expert who will look at your business and give you a cost-effective solution tailored to your needs.
To documents required to initiate the registration of a company in a free zone in Dubai will depend on the type of company, as some specific types of businesses may need additional documentation. Below are the basic requirements for business setup in Dubai freezone
According to the UAE VAT Law, the freezone companies in Dubai need to undergo VAT registration. They are also eligible to register under the group VAT system. As per the VAT implementation rule, the transfer of any goods within these designated zones is tax-free. A qualifying freezone person is subject to pay corporate tax in UAE, i.e., if your annual taxable income as a free zone entity is above AED375,000.
There are two main types of business setups in the Dubai Freezone.
1. Freezone Establishment (FZE): This is the most common type of legal structure for company formation in Dubai Freezones. It offers only one shareholder.
2. Freezone Company ( FZC): An FZC offers more than one shareholder in a single freezone company.